© tweed
Miamiu1027
Atlas Superstar
Posts: 36,562
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« on: March 21, 2015, 07:08:05 PM » |
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barring increases in taxes on high incomes, inheritances, capital gains, and corporate taxes, the only solution is for a maverick Fed to bump it up to 8 - 10%. Hell, even that hardly helps those carrying the $1.3T in student loan debt and the $900B in credit card debt, but it would help to get mortgages (still by far the largest source of private debt of course) off of the table and would essentially cancel out the % of Washington's budget dedicated to debt service.
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